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Question - Accounts Receivable Balance, 12/31/ 2020 $666,666
Billed charges Jan 1- Dec. 31, 2020 (assume 360 days) $12,000,000
What is days in accounts receivable, 12/31/20?
a. 20 days
b. 30 days
c. 40 days
d. 60 days
The beginning cash balance in March is budgeted to be $6,000. Compute the budgeted cash receipts for March
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